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HomeMy Public PortalAbout1984_01_25_R010The Town of Leesburg in Virginia RESOLUTION NO. A RESOLUTION: PRESENTED Janu~Y_25, 1984 84-10 ADOPTED January..25, 1984 AUTHORIZING AN AGREEMENT, APPROVING A PERFORMANCE GUARANTEE FOR INSTALLATION OF PUBLIC IMPROVEMENTS AND APPROVING WATER AND SEWER EXTENSIONS FOR ECONO-LODGE MOTEL RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The manager is authorized to execute on behalf of the town an agreement (Form PC-2) with Mid South Motel Corporation, Roanoke, Virginia, for installation of public improvements shown on the plans approved by the director of engineering for the Econo-Lodge Motel on lands of Prosperity Acres Associates Limited Partnership. SECTION II. The extension of municipal water and sewer works for the Econo-Lodge Motel is approved in accordance with Section 15-9 and 19-18 of the Town Code. SECTION III. An irrevocable bank letter of credit in a form approved by the town attorney from Colonial American National Bank in the amount of the estimated cost of the public improvements, as determined by the director of engineering, is approved as security to guarantee installation of the public improvements shown on plans approved by the director of engineering for Econo-Lodge Motel. PASSED this 25th day of . . ATTEST: Clerk of ~cil~ J.ar~ua.r~y , 1984. Robert E. Sevila, Mayor Town of Leesburg